ITM Trading, Released on 8/26/24

“The bear market is now starting underneath the surface,” says Bert Dohmen, founder of Dohmen Capital Research. In today’s interview with Daniela Cambone, Dohmen points out that despite certain optimistic claims, underlying economic indicators such as high consumer debt (e.g., credit card debt with soaring interest rates) are unsustainable and signal financial strain. He also emphasizes that the carry trade remains an important factor to watch in the context of market risks, noting that it is not over yet despite the associated risks. “The big smart money is going for gold as the ultimate safe haven,” he concludes.

00:00 Rate cuts
5:28 What should investors do now
8:06 Market massive sell
11:40 Gold price
14:08 Biggest concerns for the economy
16:39 Market volatility
19:05 Bull market for gold
22:59 U.S. economy post election
25:13 Housing market
26:47 Final thoughts

Bert Dohmen is the founder of Dohmen Capital Research and an author. He is also a renowned technical analyst, having called most market turns within days for 43 years. Bert’s “Theory of Liquidity & Credit” has allowed him to predict stock market crashes such as the Crash of 1987, the NASDAQ in 2000-2003, and the near-meltdown in 2008. In 2007, he predicted the coming crisis in his book, “Prelude To Meltdown.” 

  Bert Dohmen, economic collapse, gold, housing crash, investing, us economy